SalMar’s Q4 earnings fall short due to biological costs in Norway
The firm enjoyed record-high harvest volumes and 'strong capacity utilization', but challenges in central Norway also saw its processing division lose NOK 100m
Dutch mussel processor calls on UK gov’t to reduce regulatory ‘mountain’
Krijn Verwijs Yerseke, a Netherlands-based processor, buys 20% of the 15-20m kilograms of mussels the company cleans and processes each year from Britain, but could buy more
Krill harvester Aker Biomarine stabilizes but falls to full-year net loss
Aker, which is headquartered in Oslo and owns a krill oil processing factory in the US city of Houston, Texas, said headline numbers for 2021 were in line with recent guidance
Masoval set for bumper 2022 with all sales to reap soaring salmon spot prices
The small Norwegian salmon farmer's 100% exposure to the spot market looks set to stand it in good stead this year, with historically high prices
Leroy revises 2022 volumes down after booming demand in Q4
Strong demand and high prices made for a record fourth quarter, but the start of 2022 looks set to see reduced volumes at some of Leroy's salmon sites
Mowi enjoys record 2021, but costs eating into outlook for 2022
The salmon farming giant saw harvests of 466,000t last year, and revenues of €4.2bn; but one analyst noted group costs are on the rise
PRFoods details Finland failings, sets sights on 10,000t harvest
The Estonian aquaculture and processing company hopes to achieve 10,000t harvests by 2024 at the latest, having sold its loss-making Finnish division
Chinese shrimp, whitefish processor files for $52m IPO
Founded in 2002, AsiaSea said it would invest CNY 250m in a 50,000-square-meter processing facility with 15,000t of annual production capacity
Big Prawn brings in sustainability manager from Hilton
The 10-year veteran of Hilton Food, and Seachill before the name change, has seemingly followed some Tesco supply contract in swapping Hilton for Big Prawn
Thai Union investing to ramp up production of plant-based seafoods
The company aims to take what would be a significant $30m revenue share of the market by 2025, building on existing sales throughout Asia, Europe and the US